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Societa Iniziative Autostradali e Servizi SpA announces acquisition of equity investments regarding the management, under concession, of parking spaces


Tuesday, 29 Jul 2014 12:23pm EDT 

Societa Iniziative Autostradali e Servizi SpA:Says approved the acquisition of equity investments regarding the management, under concession, of parking spaces located in the Milan and Turin area and therefore in the same operating zone of the main Licensees of the Group.This refers to a 98 pct stake in Fiera Parking SpA as well as shares equal to 50 pct in Parcheggio Piazza Meda Srl, Parcheggio Piazza Vittorio Srl, Parcheggio Piazza Trento and Trieste Srl and Parcheggio Via Manuzio Srl.The total acquisition value of the equity investments, amounts to about 32.8 mln euros. 

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